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Big Fat Real Estate Checks

Ep 170: Multifamily Case Study: What You Can Learn From JP Morgan Chase's $60 Million Loss

Big Fat Real Estate Checks

Marco Kozlowski

How To, Education, Realestate, Business, Investing

5957 Ratings

🗓️ 3 May 2024

⏱️ 34 minutes

🧾️ Download transcript

Summary

In this episode Gabriel Araish and Marco Kozlowski stressed the importance of understanding market conditions and buying real estate wisely to avoid significant losses, citing examples like JP Morgan's $60 million setback.

They advocated for informed decision-making and discussed various investment strategies for stability, including leveraging cash and debt. Overall, they emphasized the necessity of proactive steps towards financial freedom.

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Transcript

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0:00.0

Welcome to the big fat real estate checks podcast with Marco Kaclowski

0:07.0

where we help investors like you get the knowledge and skills you need to

0:11.0

replace your J-O-B with passive cash flow for life.

0:15.0

Hey everyone, welcome to Big Fat Real Estate Checks.

0:20.0

I hope you're doing phenomenal.

0:23.0

Every day above the ground is a great day,

0:27.0

at least in my book.

0:28.0

And today we're going to be discussing with Gabrielle Aderichh, how to make money in real estate, commercial, residential,

0:39.6

your own home, and pretty much anything else that we want to shoot the shit about.

0:44.0

If you're new to big fat real estate checks, we're all about giving you as much value as possible.

0:49.0

We believe it's your God-given right to be wealthy through the service of others.

0:54.5

Just before we were shooting this podcast, I was discussing some properties that were

0:59.8

picking up on our side and what he's looking for in his side and the opportunities that are available and some news where big institutions are selling their assets at huge losses and very interesting how many people, even banks, don't buy assets at the right number.

1:21.0

They're not necessarily looking into the future and we don't want that for you.

1:25.2

So the two main things that we do is A make you as much money as possible and two, fold time, give you as much time as possible

1:32.3

so you're not wasting time and getting the best result for the time that you put into something.

1:37.0

And yeah, so let's get this ball rolling so we were talking about a property in Chicago that

1:46.8

Chase just offloaded for an 80 million dollar loss 60 million dollar loss. 60 million. 60 million dollar loss.

1:54.0

Although for Chase, it's not a big deal.

1:57.0

60 million, right?

1:58.0

They're massive, massive institutions, so they can definitely take it on the chin.

2:03.0

Maybe they needed the loss.

...

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